In 1904, the first Putting Green Championship was held. The winner's prize money was $160. In 2016, the winner's check was $1,168,000. If the winner's prize increases at the same rate, what will it be in 2049? (Do not round intermediate calculations.)

Group of answer choices

16,059,918.18

16,556,733.85

160

15,577,571.82

16,306,491.37